Oil will remain the most important commodity in the world.

Iranian gas production will reach 1.3 billion cubic meters per day and production of gas condensate will reach 864.000 bpd in the next five years.

South Pars is a joint gas field shared by Iran and Qatar. The section of the field lying in the Qatari territory is called the North Dome.

Iran’s power capacity is 77.000 MW. of which renewables make up a tiny 360 MW portion. Of this. wind power represents 141 MW. while the potential for wind.

The warning from Trump came in a message to the U.N. agency’s annual meeting. being held in Vienna. that was read by U.S. Energy Secretary Rick Perry.

The annual US General Assembly opened on September 12 and lasts until December or January.

The global oversupply and competition from US Shale are persistently challenging the oil cartel'.s plans.

Recent years have seen advances in drilling equipment and practices that have enabled operators to significantly increase energy and drilling speed to reduce costs.

Further delays to cuts in government subsidies will not come as a surprise as security officials in the country deal with low level unrest.

Algeria expects its gas exports to reach 57 billion cubic metres (bcm) this year. up from 54 bcm in 2016.